Actually, what most market participants are concerned about is when a serious price surge will occur. Based on market cycles, the main upward movement is expected during the summer months. The specific BTC price at that time is a secondary issue; understanding the overall trend is more important.
This means that the time to enter a position should be sought in the spring period. You won't hear this conclusion from popular bloggers, especially not from traders offering ready signals, particularly those talking about ZEC and other altcoins. Most of them don't understand the real market processes at all — their business is built solely on your mistakes, not on their own trading successes.
Special attention should be given to those "experts" who, under every post about drops, wrote: "ETH is flying to 15000," "this is the historic bottom," "large funds are buying," "ETF approval is imminent and we will soar," "there won't be enough Bitcoin for everyone." After all these loud statements, only a short time passed, and altcoins fell by 80 percent. At each level, new "investors" were being closed out.
Those who managed to admit their mistakes deserve respect. The rest can only hope that the bitter experience gained will help them better understand market dynamics in the future.
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Actually, what most market participants are concerned about is when a serious price surge will occur. Based on market cycles, the main upward movement is expected during the summer months. The specific BTC price at that time is a secondary issue; understanding the overall trend is more important.
This means that the time to enter a position should be sought in the spring period. You won't hear this conclusion from popular bloggers, especially not from traders offering ready signals, particularly those talking about ZEC and other altcoins. Most of them don't understand the real market processes at all — their business is built solely on your mistakes, not on their own trading successes.
Special attention should be given to those "experts" who, under every post about drops, wrote: "ETH is flying to 15000," "this is the historic bottom," "large funds are buying," "ETF approval is imminent and we will soar," "there won't be enough Bitcoin for everyone." After all these loud statements, only a short time passed, and altcoins fell by 80 percent. At each level, new "investors" were being closed out.
Those who managed to admit their mistakes deserve respect. The rest can only hope that the bitter experience gained will help them better understand market dynamics in the future.